Koins Microfinance Bank Limited, a member of Primera Africa Group, is a fully licensed microfinance bank dedicated to providing innovative financial solutions to businesses and individuals. Our goal is to enhance financial inclusion by offering a comprehensive suite of services tailored to meet the diverse needs of our clients.
Responsibilities
Financial Statement Analysis:
- Analyze financial statements, credit reports and other relevant data to assess the creditworthiness of SME clients.
- Ascertain the Profitability, Liquidity, and Leverage ratio of the business to determine repayment capacity.
- Recommend eligible loan amounts for approval Credit Risk assessment
- Evaluate credit risk associated with SME loan request and provide recommendations on credit limits, terms and condition.
- Evaluate economic, socio political and regulatory factors that may affect the continuity or operations of the SME client.
Collateral Recommendation:
- Recommend appropriate collateral mix acceptable by the bank to act as a buffer in the event of loan default
- Ensure assets to be pledged as collateral are adequately valued by the Bank’s accredited valuers.
- Ensure the value of the asset to be pledged as collateral meets the Bank’s stipulated collateral coverage.
Loan Interview:
- Communicate with clients to gather financial information, clarify credit report discrepancies and provide credit decisions.
- Visit the client’s business premises for advanced due diligence depending on the loan amount or threshold set by the bank.
Loan performance Review and Reporting:
- Review the performance of SME portfolio on a monthly basis
- Generate a report to Management showing the collection efficiency rate of SME loans processed monthly.
Requirements / Qualifications
- First Degree in a similar field
- CIBN / MCP is an added advantage
- Ability to also analyse consumer loans.
- Industry experience is a must.